Tag: oil production
Have you ever wondered how oil in the ground becomes gas in your car gas tank? Well, you’re in luck. In the infographic below, Tradequip shows all the stages that oil goes through to get to your car. Next time you’re at the pump you can take a second to appreciate all the work it took to get your gas to you.
North Dakota’s Bakken Shale is providing a wealth of new oil production to the U.S., along with bountiful economic activity. The Bakken could be producing as much as a million barrels per day by 2020, and extraction of this oil is benefiting the region and the country through the creation of thousands of jobs and the generation of substantial revenues from taxes and royalties.